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China National Nuclear Power Co (SHSE:601985) Debt-to-EBITDA : 9.80 (As of Mar. 2024)


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What is China National Nuclear Power Co Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

China National Nuclear Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥60,388 Mil. China National Nuclear Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥274,330 Mil. China National Nuclear Power Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥34,155 Mil. China National Nuclear Power Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 9.80.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for China National Nuclear Power Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:601985' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.02   Med: 7.99   Max: 12.18
Current: 11.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of China National Nuclear Power Co was 12.18. The lowest was 6.02. And the median was 7.99.

SHSE:601985's Debt-to-EBITDA is ranked worse than
89.66% of 464 companies
in the Utilities - Regulated industry
Industry Median: 3.75 vs SHSE:601985: 11.16

China National Nuclear Power Co Debt-to-EBITDA Historical Data

The historical data trend for China National Nuclear Power Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China National Nuclear Power Co Debt-to-EBITDA Chart

China National Nuclear Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.72 6.95 6.02 6.03 6.79

China National Nuclear Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.05 8.65 8.72 16.85 9.80

Competitive Comparison of China National Nuclear Power Co's Debt-to-EBITDA

For the Utilities - Regulated Electric subindustry, China National Nuclear Power Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China National Nuclear Power Co's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China National Nuclear Power Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China National Nuclear Power Co's Debt-to-EBITDA falls into.



China National Nuclear Power Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

China National Nuclear Power Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(59372.727 + 256878.826) / 46562.738
=6.79

China National Nuclear Power Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(60388.076 + 274330.287) / 34154.78
=9.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


China National Nuclear Power Co  (SHSE:601985) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


China National Nuclear Power Co Debt-to-EBITDA Related Terms

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China National Nuclear Power Co (SHSE:601985) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Sanlihe Southern Lane, Xicheng District, Beijing, CHN, 100045
China National Nuclear Power Co Ltd is engaged in the development, investment, construction, operation, and management of nuclear power projects in China. It also engages in the technical research in the operation of nuclear power plants, and the provision of related technical and consultancy services.

China National Nuclear Power Co (SHSE:601985) Headlines

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